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Tom Perkins Regrets Holocaust Comments, Says "Let The Rich Do What The Rich Do... Get Richer"

Tyler Durden's picture





 

Following his WSJ letter comparing the "progressive war on the 1% in America" to fascist Nazi Germany persecution of the Jews and "just as Kristallnacht was unthinkable in 1930, the descendant 'progressive' radicalism in American thinking is unthinkable now", Tom Perkins appeared on Bloomberg TV to explain himself. His first step was to apologize for the analogy but not the message that "the creative 1% is being threatened." The interview with Emily Chang is fascinating and wends it way from Rolexs, yachts, and underwater airplanes to trailer parks; and from disconnects with reality to implying Krugman's craziness. However, Perkins sums his message up thus:"the solution is less interference, lower taxes and let the rich do what the rich do - that is get richer... and they will bring everyone else along with them when the system is working." It appears the 'system' needs a different final solution.

 

Clip 1


CHANG: So more than 90 Jews were killed in Kristallnacht, 30,000 people put in concentration camps. What were you going for (inaudible) analogy?

PERKINS: The Jews were only 1 percent of the German population. Most Germans had never met a Jew, and yet Hitler was able to demonize the Jews and Kristallnacht was one of the earlier manifestations, but there had been others before it. And then of course we know about the evil of the Holocaust. I guess my point was that when you start to use hatred against a minority, it can get out of control. I think that was my thought. And now that as the messenger I’ve been thoroughly killed by everybody, at least read the message.

CHANG: You mentioned the word hatred. Do you feel threatened?

PERKINS: I don’t feel personally threatened, but I think that a very important part of American, namely the creative 1 percent, are threatened.

[Jerry Brown]tells me the number-one problem in America is inequality, and that’s probably and possibly true. And I think President Obama’s going to make that point tomorrow night. But the 1 percent are not causing the inequality. They are the job creators. Silicon Valley is – I think Kleiner Perkins itself over the years has created pretty close to a million jobs and we’re still doing it. It’s absurd to demonize the rich for being rich and for doing what the rich do, which is get richer by creating opportunity for others.

CHANG: How do you feel threatened?

PERKINS: I said I didn’t feel personally threatened. I feel however that as a class I think we are beginning to engage in class warfare. I think the rich as a class are threatened through higher taxes, higher regulation and so forth. And so that is my message.

...

I think the 99 percent is struggling and really struggling to get along in America. We have ever-increasing regulation, higher costs I think caused by more government than we need. Small businesses – it’s difficult to form and prosper in a small business these days. It’s difficult to hire. And that in my view is what is hurting and causing – hurting the 99 percent and causing the inequality.

So I think that the solution is less interference, lower taxes. Let the rich do what the rich do, which is get richer. But along the way, they bring everybody else with them when the system is working.

PERKINS: I regret the use of that word. It was a terrible misjudgment. I don’t regret the message at all. In fact --

 

CHANG: What is the message?

PERKINS: The message is any time the majority starts to demonize a minority, no matter what it is, it’s wrong and dangerous. And no good ever comes from it.

Clip 2


As far as Perkins is concerned Kleiner Perkins disavowal of his Op-Ed is them "throwing him under the bus" and missing the warning that any time a majority

Perkins goes on to note that his partner Kleiner fled Austria and Hitler and would have agreed with him...

CHANG: All right. Well let’s talk a little bit about the solution here. You mentioned your friend Eugene Kleiner, the late Eugene Kleiner, fled Austria, fled Hitler. Do you think he would have agreed with you?

PERKINS: Yes, I think he would have because I – I was not talking about the Nazis. I was talking about the persecution of a minority by the majority. And Kleiner always distrusted those sorts of trends in American politics.

CHANG: You have conservatives out there though like Marc Andreessen calling you leading A-hole in the state.

PERKINS: Yes. It wasn’t a very nice word. And considering that he doesn’t know me and I don’t know him, I don’t think he’s entitled to his opinion. If he knew me, perhaps. Paul Krugman called me crazy in today’s New York Times.

 

CHANG: Paul Krugman also pointed out that rising income inequality can have very negative economic and financial consequences in the sense that if there is – if it leaves us more economically vulnerable and the people who are rich can’t pay for stuff, then everyone suffers.

PERKINS: Well, just what you said is such a contradiction of intermixed ideas. He won the Nobel prize in economics. I can’t argue economics with him, but to demonize the job creators is crazy and to demonize the rich who spend and buy things and stimulate the economy is crazy. I heard on the news hour with – gosh, name escapes me. Anyway, New York Times, and they got into a discussion about the idiocy of Rolex watches and why does any man need a Rolex watch and it’s a symbol of – of terrible values and it’s – et cetera. Well, I think that’s a little silly. This isn’t a Rolex {it's a Richard Mille}. I could buy a six pack of Rolexes for this, but so what?

CHANG: You were called the king of Silicon Valley I believe at one point. How would you describe yourself?

PERKINS: I certainly have enough arrogance to be royal, but I – I’m an old man. I look back upon my career with great happiness. I think I’ve accomplished a lot. If I had to do it again, I don’t know what I’d change. And I’m at peace with myself. And the fact that everybody now hates me is part of the game. And I’m sorry about that, but that isn’t what I meant to do.

 


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Mon, 01/27/2014 - 21:22 | Link to Comment williambanzai7
williambanzai7's picture

The System. Now there is a pregnant cliche.

There is nothing creative about a three card monte economy.

Look, a bright object...

Mon, 01/27/2014 - 21:28 | Link to Comment knukles
knukles's picture

Oh my!

A head looking for a stick....

Mon, 01/27/2014 - 21:52 | Link to Comment applelover
applelover's picture

good job knuckles, with hate like that, you can try and join the next khmer rouge like group.

http://www.escapetyranny.com/wp-content/uploads/2013/08/pol-pot-genocide...

Mon, 01/27/2014 - 22:43 | Link to Comment Ignatius
Ignatius's picture

"You cannot have a free market for creditors if you don't murder everyone who disagrees with you... or who would try to cancel the debts."

--  Michael Hudson

Tue, 01/28/2014 - 00:19 | Link to Comment putaipan
putaipan's picture

these fuckers are incredible. literaly. i remember when i was first getting interested in this shit ... and found an hour and a half interview with bernie the madoff, watched it, watched him do his "we're market makers" routine,and two days later watched him impolde. i shit you not. my timing was impecable.

now, you get uncle warren describing how well worth jamie is of his salary and raise. as if to say- "you find me someone else who's got the cufflinks to keep my company out of jail and implosion and i'd pay them that too x 2."

and this guy... well, he speaks for himself. let him eat guillotine with frosting on it.

Tue, 01/28/2014 - 01:46 | Link to Comment Againstthelie
Againstthelie's picture

Yes, it's incredible. And it's even more incredible for the average western citizen, to learn, that the Kristallnacht of the "evil" Nationalsocialists was not action but REACTION. Reaction on the declaration of war of Jewry against Germany and against the boycott of German businesses and shops in the USA. And after another German Diplomat, Ernst vom Rath was mudered by a jew, was the straw that broke the camel's back.

A speech the sheeple should never know:

A Jewish Defector Warns America

http://www.sweetliberty.org/issues/israel/freedman.htm

 

Jewish boycott:

http://en.wikipedia.org/wiki/Jewish_boycott_of_German_goods

Tue, 01/28/2014 - 02:25 | Link to Comment SoundMoney45
SoundMoney45's picture

We have read on Zerohedge for several years that income inequality will tear society's social fabric.  

Here is an older, accomplished gentleman, who knows something is wrong with society, but cannot articulate what.  Very interesting to see.  The following quote comes to mind:

"Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose."

– John Maynard Keynes

Tue, 01/28/2014 - 03:34 | Link to Comment boogerbently
boogerbently's picture

Perkins missing the obvious point.

The "rich have gotten richer" but have NOT brought everyone around them up. 

Tue, 01/28/2014 - 03:53 | Link to Comment SoundMoney45
SoundMoney45's picture

I believe Perkins' point was that he is not rich enough to have been helped by the last 10 years, and that 45% of his wealth will go to taxes upon his death.  

Tue, 01/28/2014 - 06:48 | Link to Comment negative rates
negative rates's picture

He meant to say "of the 1%". Then his insanity might have had a case.

Tue, 01/28/2014 - 09:28 | Link to Comment Reptil
Reptil's picture

some alternative interpretation about the murder of Vom Rath
http://www.fpp.co.uk/Hitler/docs/Kristallnacht/Grynszpan.html

short biographical factsheet Ernst vom Rath
http://www.dhm.de/lemo/html/biografien/RathErnst/

Tue, 01/28/2014 - 11:23 | Link to Comment supermaxedout
supermaxedout's picture

I have read the speech from Mr. Freedman appx. 3 years ago.  At that time everything Mr. Freedman spoke about was very strange to me. I had never heard before from the Balfour Declaration. Never heard from the Khazars which as Mr. Freedman states in his speech represent appx 90 or 92 % of todays Jewry. Never heard from a highly effective boycott of German goods starting from 1933 till 1939 organized by the Zionist.  

Never heard about   The Kol Nidre.

And all this despite the fact, that I as a German was since ever very much interested about the Jews, just to know and find out what really happened in the only 12 years of Hitlers government in Germany of which  5,5 years covered WWII.  I was reading everything what was available to me but to tell the truth the only sources available to me were books, newspaper, TV or movies about  Nazi crimes. Nothing else, there was simply nothing else offered to a normal person living in Germany after WWII.    As a consequence my only thoughts when I was reading the speech for the first time appx 3 years ago were: "Oh, what a good piece of Nazi Propaganda" .  Nothing else came to my mind, except that I wondered that it was written by a Jew himself. That must be a very crazy guy, holding a speech about things which I have never heard before and which were contradictive to my "picture".

The internet changed everything.   I gathered a lot of authentical information about the "History of the Jews" in Europe during the last three years while surfing the net.    Today I was reading Mr. Freedmans speech from 1961 again. Today my thoughts are totally different. I must apologize that Mr. Freedman was an "insider" and that he knew it all.

And Hitler knew it also, otherwise he would not have said the following nine months before WWII started: 

" Today I will once more be a prophet: if the international Jewish financiers in and outside Europe should succeed in plunging the nations once more into a world war, then the result will not be the Bolshevising of the earth, and thus the victory of Jewry, but the annihilation of the Jewish race in Europe![10]

— Adolf Hitler addressing the German Reichstag, 30 January 1939

Thus the suffering of the ordinary Jew as well as the ordinary German started. Plus the rest of Europe and Russia became victims.

 

 

 

Tue, 01/28/2014 - 02:39 | Link to Comment atomicwasted
atomicwasted's picture

A pioneer VC = Madoff = Buffett?  Pull your head out of your ass.

Tue, 01/28/2014 - 00:37 | Link to Comment putaipan
putaipan's picture

edit double post- or shove that six pack of rolexes up his ass and let them cure over a bowl of laos burgoo.

Mon, 01/27/2014 - 22:59 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

Oh no Mr. Knukes nailed it!

And if this watch didn't piss you off enough, here's a guy you want to help run your campaign for President of the United States.  Makes you appreciate what matters most in the average American brain!

http://xrepublic.tv/node/7200

Mon, 01/27/2014 - 23:06 | Link to Comment WillyGroper
WillyGroper's picture

I never heard of any violence or destruction of property with left coast OCW.

Most assuredly with LEO helplessly watching.

He's obviously impaired.

Perhaps he gained altitude too rapidly with that underwater plane. Just listening to the fool gave me the bends.

Mon, 01/27/2014 - 22:42 | Link to Comment TheReplacement
TheReplacement's picture

He mentioned the targeted being the creative 1% as well as how hard it is to start a small business and hire people.  This is consistent with free market thinkers.  He's seeing one thing clearly but missing the other.  He seems blind to the oligarchy and corruption in government and big business/banking.  Seperate the issues and the whos and this guy seems alright.  Take the shotgun approach and, yeah, khmer time.

Mon, 01/27/2014 - 23:02 | Link to Comment artless
artless's picture

"He seems blind to the oligarchy and corruption in government and big business/banking. "

Ummm, because he's ONE OF THEM.

Duh.

The gujy is a 80 something windbag an nothing less than part of one of the generations who fucked the country up or stood by and let it happen.

And yes I hold my parents and grandparents just as responsible. Hard to respect your elders when they took their country down the tubes, profited handsomely from it, and left us with the tab.

 

Mon, 01/27/2014 - 23:08 | Link to Comment Freddie
Freddie's picture

He seems blind to the oligarchy and corruption in government and big business/banking.

Yeah because it helped make him rich.  Silicon Valley has their cookie cutter system usually involving Stanford with govt, MIC and intel agency money in the background that gets widely accepted by the market.  The market they create with govt orders, hype, free media advertising, etc.  The Vulture Capitalist run this little widget device to churn out these companies in a real crony system.

 

I think Perkins had a Freudin slip because he knows that most vulture capitalists like him are shylocks.

http://www.thefreedictionary.com/shylock

 

A ruthless moneylender; a loan shark. intr.v. shy·locked, shy·lock·ing, shy·locks
To lend money at exorbitant interest rates.
Tue, 01/28/2014 - 00:39 | Link to Comment Wait What
Wait What's picture

these fascist old farts with dementia really, really make me want to start cultivating water hemlock dropwort. so delusional about how the game has worked for so long I think it's about time to let them lapse into their own merry hereafter. that goes for Uncle Warren, too.

Tue, 01/28/2014 - 02:50 | Link to Comment mccvilb
mccvilb's picture

The targeted creative 1%? I guess that pompous ass never had to deal with the Kosher Ceiling or had his creative innovations stolen, ie Facebook usurping thousands of patents for ideas never filed for by the original inventors, the people with no money to spare on patent searches and filings who thought they were protected by holding documented proof they were first with their innovative idea. Thanks to the latest patent law, as of last January first to file replaced first to invent. I wonder who ramrodded that jewel through? Oh yeah, sorry, I forgot... corporations are people too.

Tue, 01/28/2014 - 00:54 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Another self-rightous, arrogant ASS, justifying why "It's good to be a crime boss". 

After all drug lords and crime family bosses are very "creative" also when it comes to sucking money out of people's pockets.

A wolf in wolf's clothing.

Tue, 01/28/2014 - 02:38 | Link to Comment atomicwasted
atomicwasted's picture

You merely prove his point with your far-left anti-wealth internet threat of violence.  He's a VC.  There is no indication anywhere that he made his money off anything but smart investing.  He didn't steal it, coerce it or pass a law to get it.  Now you want his head on a spike for the crime of being successful.  Perhaps you should just set off a nuke at Stanford and make sure all the engineers, scientists, innovators and VCs in the Valley, and there's a lot of overlap among those categories, perish to satisfy your envy.

Mon, 01/27/2014 - 21:47 | Link to Comment Normalcy Bias
Normalcy Bias's picture

Yes, these poor poor persecuted uber rich. If only these troublesome politicians who can be bought for a pittance would get out of the way, slavery could be brought back writ large. Imagine the PROFITS!

Mon, 01/27/2014 - 22:23 | Link to Comment GeorgeHayduke
GeorgeHayduke's picture

The corporate-military-political system in the USA only allow their media whores to support the top down class warfare. They have glorified the top down war on everyone else for decades, rampping it up to fever pace when Reagan came to office and building it up from there, through all conservative corporate-military friendly presidents since. Party doesn't matter as the 1% always wins.

When the 1% kicks everyone elses ass, buys politicians to pass laws that help them and nobody else, and screws Main Street daily they present it as the natural way things work due to the mythical Invisible Hand. They send out their goons, like Rush, Hannity, O'Reilly, etc... to keep the peons in line with 24-7 barrage of bullshit to keep them baffled. They then use the rest of the media to peddle a less blatant, yet still effective propaganda volley to the non-conservatives. On top of it, they get the conservatives and non-conservatives to fight each other over chicken shit issues while sitting back, laughing and taking even more profits since nobody is watching them. Then, when the 99% just talks about not taking this shit anymore, it's Nazism all over again. The absurdity of it all is beyond belief.

Mon, 01/27/2014 - 21:49 | Link to Comment j0nx
j0nx's picture

This guy is full of shit. The rich ain't doing shit with their money these days but buying off politicians and judges and stealing from the middle class. Out of touch or just a fucking liar is what this guy is.

Mon, 01/27/2014 - 21:57 | Link to Comment sgt_doom
sgt_doom's picture

Full of uber shit, I believe. This douchebagger is old enough to know that during the 1940s, in the aftermath of World War II, congressional investigations revealed that the Rockefeller, Morgan, Mellon, du Pont, Harriman and Ford families financed a substantial portion of Hitler's Third Reich, and by extension, the Holocaust.

Which is normally what the super-rich are about.....

Tue, 01/28/2014 - 00:57 | Link to Comment Blazed
Blazed's picture

Which Jewish Holocaust? Do you mean the first Jewish holocaust of "6 million" before, during, and after WWI(World War One)?

http://www.vho.org/GB/Books/tfh/ 

http://www.youtube.com/watch?v=Dda-0Q_XUhk

Or the actual total 280,000 of all people that died due to typhus, direct allied bombing, and later malnutrition and disease, while interned during WWII, as reported by the ICRC which had representatives in the camps since 1942?

http://truedemocracyparty.net/2012/06/red-cross-expose-jewish-holocaust-hoax/

Or maybe Dwight D. Eisenhower, Charles De Gaulle, and Winston Churchill just missed a little something, lol.

"Eisenhower's Crusade in Europe is a book of 559 pages; the six volumes of Churchill's Second World War total 4,448 pages; and De Gaulle's three-volume Mémoires de guerre is 2,054 pages. In this mass of writing, which altogether totals 7,061 pages (not including the introductory parts), published from 1948 to 1959, one will find no mention either of Nazi "gas chambers," a "genocide" of the Jews, or of "six million" Jewish victims of the war." http://www.ihr.org/jhr/v17/v17n2p19_Faurisson.html

 Or maybe you continue to erroneously accept the discredited(coercion, fabrications) Soviet laden kangaroo court "Nuremberg Trials", which were simply about general "war crimes", not "holocausts", and that even an involved US Federal Court Justice, a prominent Jewish international law professor, US Congressmen, and many others who were directly involved, called a complete fraud.

http://www.ihr.org/jhr/v12/v12p167_Webera.html

 

http://www.ihr.org/jhr/v12/v12p167_Weberb.html

Mon, 01/27/2014 - 23:11 | Link to Comment Freddie
Freddie's picture

Tis true.  There is too much money in Vulture Capital chasing too few goo deeals which lowers returns.  If you buy politicians - it helps make sure your company may make it or at least get some govt contracts or money to stay afloat and then IPO to scam the public.

Mon, 01/27/2014 - 23:07 | Link to Comment midtowng
midtowng's picture

Those poor wealthy people. They have it so tough.

Tue, 01/28/2014 - 02:55 | Link to Comment Assetman
Assetman's picture

I think Mr Perkins conveniently forgets that the Police State as we know it today clearly have the backs of the "creative 1%".  The OWA movement, as one might recall, got squished like a bug... and there really wasn't one shot fired.  But there easily could have been if the "sheeple" took it a step or two too far.  Those who are truly persecuted are usually the ones staring at the barrel of the largest guns.

As long as our elected leaders operate on the constructs of cronyism, Mr Perkins is going to be able to get by on his multi-million dollar scraps whist investing a token amount to guarantee political peace of mind.  If he really wanted to go somewhere and fear for his life and wealth, he should try giving a go of it in Venezuela.

The sad thing here is that Mr Perkins doesn't really offer a cogent solution, because he really doesn't comprehend the true flows of all this money creation-- and the increasing number of people that are missing out on full-time employment and static wealth because a good chunk of that 1% are stealing it away in plain daylight.  Perhaps its disingenious to believe that he really beleives the crap he says, but I've taken a stab at humoring Mr Perkins, anyway.

 

Tue, 01/28/2014 - 00:21 | Link to Comment samsara
samsara's picture

It's insane to play by the rules,

If the rules are insane.

Tue, 01/28/2014 - 01:59 | Link to Comment darteaus
darteaus's picture

Good one.  I'll remember it.

Mon, 01/27/2014 - 21:19 | Link to Comment The Gooch
The Gooch's picture

"PERKINS: I said I didn’t feel personally threatened"

Gooch: Watch out for that "creative 1%"

Mon, 01/27/2014 - 21:24 | Link to Comment Dagny Taggart
Dagny Taggart's picture

I wonder how persecuted Perkins will feel when the other 99% get really creative...

Tue, 01/28/2014 - 07:14 | Link to Comment StandardDeviant
StandardDeviant's picture

If you are on the side of the baying we-are-the-99% mob, why on earth would you choose "Dagny Taggart" as your account name?

Mon, 01/27/2014 - 21:20 | Link to Comment CPL
CPL's picture

"Let them eat trust funds."

Tue, 01/28/2014 - 07:24 | Link to Comment nmewn
nmewn's picture

+1, with a caveat.

We should empower the government (of all people) to confiscate half of that welfare mom's lottery winnings so her kids can have a brighter future!

See how that works?

Both ways ;-)

/////////////////

Only seven understood my mix of sarcasm with reality?

Mon, 01/27/2014 - 21:21 | Link to Comment Tasty Sandwich
Tasty Sandwich's picture

Paul Krugman called me crazy.

A crazy guy calling another crazy guy crazy.  Good times.

Mon, 01/27/2014 - 21:22 | Link to Comment CPL
CPL's picture

MSM today:  Pots interviewing kettles with edited highlights.

Mon, 01/27/2014 - 21:55 | Link to Comment DaveyJones
DaveyJones's picture

"And the fact that everybody now hates me is part of the game"

he must be very proud

Mon, 01/27/2014 - 22:03 | Link to Comment A. Buttle
A. Buttle's picture

You can't make this shit up. 

Well, maybe if you're in the creative class you can, but I digress.

Tue, 01/28/2014 - 02:05 | Link to Comment darteaus
darteaus's picture

Good point!  Funny that nobody is calling for Krugman's head, and he's cheering on the printers.

Mon, 01/27/2014 - 21:23 | Link to Comment john39
john39's picture

World is melting down in a central banker scam but the media still wants to remind you of nazis.... Hmmm .....

Mon, 01/27/2014 - 21:28 | Link to Comment Sinnedi
Sinnedi's picture

Get them to fight instead of letting them unite fuck the Illuminati               divide and conquer

Tue, 01/28/2014 - 01:57 | Link to Comment darteaus
darteaus's picture

Works though, don't it?

Tue, 01/28/2014 - 01:57 | Link to Comment darteaus
darteaus's picture

Not exactly.  The media wants you to condemn those who remind you of how the Nazis did what they did.

Mon, 01/27/2014 - 21:22 | Link to Comment royal
royal's picture

Anybody else tired of hearing about the alleged Holocaust like it's God incarnate and anything said against our lord is sin of the highest order?

Mon, 01/27/2014 - 21:48 | Link to Comment applelover
applelover's picture

im jewish and i didnt mind his analogy.  but yeah, thanks royal, everyone needed the obligatory anti semitic zerohedge comment.

Mon, 01/27/2014 - 21:51 | Link to Comment Kinskian
Kinskian's picture

Come the next Kristallnacht, I won't be offering to hide Bernanke or Blankfein in the attic till things blow over.

Mon, 01/27/2014 - 23:10 | Link to Comment WillyGroper
WillyGroper's picture

I'd offer 'em my septic tank.

Oh wait...

On second thought they might kill the anaerobic bacteria.

Tue, 01/28/2014 - 01:53 | Link to Comment darteaus
darteaus's picture

Sadly, I don't think you'll have to worry about them.  You'll have to worry if you: own a gun, are a tea pary contributor, white, heterosexual, Christian, etc.

Mon, 01/27/2014 - 21:23 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

The financial system is incredibly creative. How else do you explain inventing trillions, blowing it all up, getting bailed out by poor people and going right back to inventing trillions. The most creative magic trick ever!

Tue, 01/28/2014 - 01:49 | Link to Comment darteaus
darteaus's picture

Wasn't that trick used by emperors and tyrants long before a financial system?

Wasn't serfdom or slavery even more abusive than financial entrapment, which requires at least some cooperation of the victim?

Tue, 01/28/2014 - 05:39 | Link to Comment Random
Random's picture

And how do you think that serfdom and/or slavery came about (in times of peace) but via financial entrapment (time scale: 7000 years)?

Tue, 01/28/2014 - 11:57 | Link to Comment darteaus
darteaus's picture

Serfdom and slavery have existed since Cain and Abel.

Empirically, it's in the nature of man to dominate/abuse others. Financial domination, as undesirable as it is, is not the worst form.

Thu, 01/30/2014 - 00:16 | Link to Comment Anusocracy
Anusocracy's picture

It's the in nature of man because it's the nature of nature.

Under the thin veneer of civilization is a thick layer of savagery.

Mon, 01/27/2014 - 21:25 | Link to Comment Anusocracy
Anusocracy's picture

I have no problem with people becoming wealthy in a true free market economy.

It's with all the government run economies that I have a problem.

Mon, 01/27/2014 - 21:29 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"the solution is less interference, lower taxes and let the rich do what the rich do - that is get richer... and they will bring everyone else along with them when the system is working."

Please define 'working' because where you stand depends upon where you sit. And this poor soul ain't sitting in the cat bird seat like Tom Perkins.

<The system hasn't 'worked' for many years, and I would argue many decades.>

Mon, 01/27/2014 - 21:31 | Link to Comment The Gooch
The Gooch's picture

The "system" has worked just fine for the architects and parasites.

Mon, 01/27/2014 - 21:50 | Link to Comment DaveyJones
DaveyJones's picture

"get richer by creating opportunity for others"

I guess exploitation is one type of opportunity 

Tue, 01/28/2014 - 02:53 | Link to Comment atomicwasted
atomicwasted's picture

Who did he exploit?  When?  How?  You wish you had worked at any pre-IPO company that KP backed.  

Mon, 01/27/2014 - 21:29 | Link to Comment U4 eee aaa
U4 eee aaa's picture

"Well, I think that’s a little silly. This isn’t a Rolex {it's a Richard Mille}. I could buy a six pack of Rolexes for this, but so what?"

How could someone so rich be so obtuse?

It is amazing how stupid greed can make you look.

Maybe if the 1%ers weren't squandering the money people would give them the benefit of the doubt. That fact is they aren't putting that money to good use. It would take a few billion dollars to flood Africa with clean water. They could turn that region into a bread basket and win tons of goodwill. They choose not to. Why is that?

Mon, 01/27/2014 - 21:31 | Link to Comment williambanzai7
williambanzai7's picture

GOLDA THE GOOD BITCH

Mon, 01/27/2014 - 21:32 | Link to Comment SgtShaftoe
SgtShaftoe's picture

That is absolutely precious. 

Mon, 01/27/2014 - 22:28 | Link to Comment FieldingMellish
FieldingMellish's picture

Masterpiece.

Mon, 01/27/2014 - 22:29 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"Golda The Good Bitch"

Brilliant. Sometimes your image titles/descriptions are better than the image itself.

Sometimes......but not this time. :)

Mon, 01/27/2014 - 23:00 | Link to Comment WillyGroper
WillyGroper's picture

GENIUS!

My sides hurt.

Thanks!

Tue, 01/28/2014 - 00:48 | Link to Comment chindit13
chindit13's picture

I've joined up with this Bono guy, and we're now representing the tens of millions of rural Bangladeshi females who believe you have three times as much wealth as is fair, and that you've squandered money on such frivolities as a laptop or smartphone, when you could have helped these poor women buy an ox to pull the plow in their fields.  Why is that?  Even one ox would help.  How can you be so obtuse?  Once you fork over two thirds of the wealth that fell into your lap simply by an accident of birth (you didn't ask not to be born a female in rural Bangladesh), perhaps people will give you the benefit of the doubt.

It's amazing how greedy stupid can make you look.

Tue, 01/28/2014 - 06:44 | Link to Comment Urban Redneck
Urban Redneck's picture

You're full of shit. It would take a hell of lot MOAR than a "few" billion dollars to flood Africa with clean water.

When Bob Geldof got up last year to pitch 8 mile and said "My name is Bob, and I'm a PE whore" I sent him a postcard explaining exactly why he actually was a whore.

When you promise investors a 25% IRR that means you are extracting a 25% IRR PLUS plus your revenue spread from the entrepreneurs, which is exploitative.

Furthermore, when your investors are primarily DFI feeder funds and private fund of funds fed by DFI feeder funds, the 25% IRR is really unwarranted.

Go back to OWS or Yahoo finance, and take your BS with you, since it apparently doesn't include any knowledge about the 1%, Africa, or PE...

Mon, 01/27/2014 - 21:30 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

Yep, WS has proven time and time again that they self regulate perfectly.

This moron should be burned at the stake.

Mon, 01/27/2014 - 21:30 | Link to Comment gwar5
gwar5's picture

Guy is right, we are approaching a Kristallnacht moment but it'll come from the creators of the inequality, to maintain the status quo, not from the downtrodden masses.  Apparently even billionaires are stupid enough to believe there is still a real free market in play out there.

 

Mon, 01/27/2014 - 21:29 | Link to Comment SgtShaftoe
SgtShaftoe's picture

As this starts to accelerate the "powers that be" will likely start to turn and eat each other.  When your enemies start going for each others throats, it's usually best to not disturb them. 

Mon, 01/27/2014 - 21:40 | Link to Comment Tasty Sandwich
Tasty Sandwich's picture

They'll also start to lose their cool as it becomes more and more difficult to pretend.  Always reminded of this story:

In a conference call on April 17, 2001, then-Chief Executive Officer (CEO) Skilling verbally attacked Wall Street analyst Richard Grubman, who questioned Enron's unusual accounting practice during a recorded conference call.

When Grubman complained that Enron was the only company that could not release a balance sheet along with its earnings statements, Skilling replied "Well, thank you very much, we appreciate that ... asshole."

Mon, 01/27/2014 - 22:08 | Link to Comment CheapBastard
CheapBastard's picture

TS, I remember that and immediately sold every share of Enron I had after hearing that interview.

Mon, 01/27/2014 - 21:32 | Link to Comment Jack Burton
Jack Burton's picture

If there is a war on the 1%, then I would like to know where that war is and how the attacking armies are doing. The 1% has for nearly 30 years taken most if not all income growth. That is odd, since they are under attack like Jews in Hitler's Germany.  They are under threat, but the Federal Reserve with the support of the US Government runs a money printing and QE program designed to manipulate markets sky high, knowing full well that most equites are held by the threatened 1%. From where I sit, the 1% does protest too much. Sort of like a football team who just racked up 45 points by halftime yet can't stop complaining about an off side call in the first quarter they thought was a bad call.

In short, if you buy into this "Oh poor us, poor 1% 'ers, everyone is picking on us, and we won't create all those jobs for you at minimum wages if you keep picking on us." I don't buy that bullshit line. FOX seels it, most mainstream media sells it, many bloggers sell it. WHat can you say? People can be real dupes.

Mon, 01/27/2014 - 21:37 | Link to Comment applelover
applelover's picture

inefficient corrupt governemnt that spends and inflates away everyones' money, and criminal bankers and other assorted CEOs who do what they want, is bad for the poor and the rich.  there is no systematic conspiracy among the top 1% to keep the poor people down.  it is just a banana republic.

Mon, 01/27/2014 - 21:52 | Link to Comment Oldwood
Oldwood's picture

The top 1% of Americans make over $400k. So you think those making over $400k are the problem? We know what the problem is and its not people making $400k. It's criminal fucks using government created avenues to rob America blind. These people are so far removed form the 1% its not even funny, but if you would just feel better punishing people who make over $400k, then go for it. That groups includes just about anyone who hires anyone, so if you like the job you currently have...you can't keep it. We need laws to stop the corruption not tax it! They are already doing it. Remember JPM and their big legal bills? And Goldman and their big fines. Blatant law breaking and no punishment but fines. This is just legitimatizing theft. It is criminal, corrupt and will ultimate destroy our country if not stopped. So stop acting like you can fix things with tax code. Fix them with the legal code.

Mon, 01/27/2014 - 23:18 | Link to Comment artless
artless's picture

dead fucking right, sir.

Mon, 01/27/2014 - 23:21 | Link to Comment WillyGroper
WillyGroper's picture

+100

Tue, 01/28/2014 - 00:36 | Link to Comment Blazed
Blazed's picture

Say Wahhh.

Mon, 01/27/2014 - 21:33 | Link to Comment Clowns on Acid
Clowns on Acid's picture

How come none of these feckin' neo classical morons never point to QE policies of the Fed as the determinant variable in the widening income gap?

Of course Gresepan's low to negative real interst rates thru the 90's and early 2000's began the slouch toward Gomorrah. None of the feckin morons talk about that either.

Mon, 01/27/2014 - 21:41 | Link to Comment The Gooch
The Gooch's picture

Feckin' morons believe the Fed is a legitimate entity and further it's agenda by legitimizing it's existence through discussion of it's "policies".

Mon, 01/27/2014 - 21:33 | Link to Comment applelover
applelover's picture

He could have been speaking to people on this page.  The hate on zerohedge for the rich, statements like, "i cant wait to see bernane hanging from the street lamps" are pretty scary.

Mon, 01/27/2014 - 21:40 | Link to Comment U4 eee aaa
U4 eee aaa's picture

Maybe you should take the time to read what the rich, bored and deviant would like to do to all the 'useless eaters' like the folks here on ZH

Mon, 01/27/2014 - 21:44 | Link to Comment applelover
applelover's picture

first of all, not all rich people are bad.  second, fighting hate with vigilante hatred killings, is not the right answer. 

Mon, 01/27/2014 - 21:52 | Link to Comment The Gooch
The Gooch's picture

Go back to your common-core assignment, kid.

"If Jon Corzine had a pie that he sliced into 6 billion pieces and he ate it himself, How much Bollinger did Jamie Dimon send Eric Holder?"

A) Rayciss

B) Beyonce

C) Guillotines and the rule of just law

D) Phil Donahoe

Mon, 01/27/2014 - 22:00 | Link to Comment A. Buttle
A. Buttle's picture

A) ?

Mon, 01/27/2014 - 22:12 | Link to Comment Dr. Engali
Mon, 01/27/2014 - 23:28 | Link to Comment WillyGroper
WillyGroper's picture

Subtle slow killing thru polluted water, GMO, toxic chemicals, tainted vaccines, pharma & chemtrails are all acceptable methods. 

With the goal of fleecing you & your family in the process.

Right?

Tue, 01/28/2014 - 00:01 | Link to Comment putaipan
putaipan's picture

hold on. without a sarc tag, i'm confused.... is that the 'creative' part? or the 'parasitic'/rentier part ?

Tue, 01/28/2014 - 00:08 | Link to Comment putaipan
putaipan's picture

hold on. without a sarc tag, i'm confused.... is that the 'creative' part? or the 'parasitic'/rentier part ?

Mon, 01/27/2014 - 23:34 | Link to Comment U4 eee aaa
U4 eee aaa's picture

I said nothing about hate vigilantism. I prefer to go the justice route.

How many families murder/suicided during the last manufactured-for-a-profit downturn?

Mon, 01/27/2014 - 23:47 | Link to Comment chindit13
chindit13's picture

Watch out, fella.  I can interpret that comment above yours.  The guy read something on the internet that some other clown pulled straight out of his ass, and it's got him all paranoid that Perkins and those like him want to do away with anyone who isn't a member at Cypress Point.  Be careful, or he'll machine-gun you with that most dangerous of modern weapons:  links.

Mon, 01/27/2014 - 21:50 | Link to Comment Al Huxley
Al Huxley's picture

I can only speak for myself, but I don't have a problem with people who make money by taking risks, working, hard, and creating value - I have a huge problem with people who make money by parasitically bleeding the system while adding no value, and then hit the public up for bailouts when they fuck up, pocket the money, and then whine about how fucking persecuted they are.

Mon, 01/27/2014 - 22:36 | Link to Comment The Gooch
The Gooch's picture

while receiving *bonuses* and *no-bid contracts* through the benevolent .gov.

Mon, 01/27/2014 - 22:37 | Link to Comment imaginalis
imaginalis's picture

This

Tue, 01/28/2014 - 00:13 | Link to Comment samsara
samsara's picture

word

Mon, 01/27/2014 - 21:56 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

I call them filthy cunts, but I never advocate violence. I know that they will all have private armies and will probably escape unharmed. Don't want to get my hopes up.

Mon, 01/27/2014 - 23:22 | Link to Comment artless
artless's picture

I don't hate "the rich". I hate the fucking criminals who have robbed this country blind. Some of them happen to be "rich"

They are the folks that those here on ZH are speaking about when they write things like "hanging from street lamps".

But really dude lighten up it's a figure of speech. I'm a NAP (non-agression principle) type and I get it.

Tue, 01/28/2014 - 01:29 | Link to Comment applelover
applelover's picture

lol figure of speech? you arent reading closely enough if you dont understand that most people here are hate filled and literally want to see blood

Tue, 01/28/2014 - 05:45 | Link to Comment Random
Random's picture

Isn't your shift over mate? Are you payed according to number of words or by other metrics? I'm really interested in the answer.

Tue, 01/28/2014 - 11:19 | Link to Comment applelover
applelover's picture

how droll

Mon, 01/27/2014 - 21:36 | Link to Comment logicalman
logicalman's picture

Psychopaths will be psychopaths.......

Mon, 01/27/2014 - 21:37 | Link to Comment Dr. Engali
Dr. Engali's picture

PERKINS: I don’t feel personally threatened, but I think that a very important part of American, namely the creative 1 percent, are threatened.

What in the fuck is that? Some of the most creative people in this world are dirt poor. Most of these fucksticks haven't garnered their wealth through creativity. They got it because, like parasites, they sucked it out of the system. This scum needs to be hung up by his nuts, if he has any.

Mon, 01/27/2014 - 21:42 | Link to Comment U4 eee aaa
U4 eee aaa's picture

Maybe he was referring to creative accounting.

The funny thing is, usually they just hire a black numbers accountant to take care of that. No creativity there either

Mon, 01/27/2014 - 21:48 | Link to Comment logicalman
logicalman's picture

Hang him up by the nipples if he hasn't.

Mon, 01/27/2014 - 21:57 | Link to Comment Oldwood
Oldwood's picture

I think we already have plenty of creative artists thankyou. I don't know this arrogant old shit from shinola, but for all I know he has earned every dime. He is not the 1%. He is more like the .01%. We should know who our enemies truly are and it is not rich people, it fucking thieves, be they petty larceny or JPM.

Mon, 01/27/2014 - 21:39 | Link to Comment Stanley Lord
Stanley Lord's picture

Hey Perkins Rule Number One: Do Not Apologize.

Mon, 01/27/2014 - 21:44 | Link to Comment post turtle saver
post turtle saver's picture

agree... say what you mean, mean what you say, if people don't like it they can kiss your ass... two cheeks, no waiting

Tue, 01/28/2014 - 02:06 | Link to Comment darteaus
darteaus's picture

And don't explain!

Mon, 01/27/2014 - 21:45 | Link to Comment medium giraffe
medium giraffe's picture

Only 1% of the German population, a mere statistic, Komrade. 

 

Besides, I always thought the plight of the wealthy was much more akin to blacks being persecuted in the south.

Mon, 01/27/2014 - 21:56 | Link to Comment nmewn
nmewn's picture

Not to veer to far off track but...

http://slavenorth.com/exclusion.htm

...just for everyones enlightenment, persecution knows no borders...the North has as much blood on its hands as the South. And I'll say again, hopefully for the last time...no Dixie flag ever flew over a slave ship coming from Africa and those slave ships "Built in America" were not built in the South.

They were built in the NE or were foreign vessels.

Not our cross to bear.

Mon, 01/27/2014 - 22:10 | Link to Comment Oldwood
Oldwood's picture

We are all looking for purity, clear lines of demarcation so we can get firmly behind them. We need to feel justified in our beliefs and actions and will sift through facts to assemble something plausible. Their are no absolutes, no purity. We all seek profit and do what we must to justify it. This is not to say all sins are equal, they are not. But none of us are without sin, and should be extremely careful when throwing stones in the vicinity of our own home. Those at the top of the profit heap will do what they can to motivate those beneath them to work in their best interests. People are fighting for shit everyday that have no real idea what it even means. We just want justice, the one thing that few will ever see, while retaining what we already have. As always, the market place will define where our values and principles actually lie. Most of us are not happy with the results we see.

Mon, 01/27/2014 - 22:10 | Link to Comment Oldwood
Oldwood's picture

Oh, and I forgot,

Blah, blah, blah.....

Mon, 01/27/2014 - 23:04 | Link to Comment nmewn
nmewn's picture

I just weary of the tired old trope of the condensation of historical context...lets concentrate on fiddy or a even a hundred years to make a judgement of history and pay no attention to a black owning another black or a red owning another red for their labor.

Or having each other as a friend or comrade.

I often marvel at how some historical facts can become facts simply because they are repeated often enough, when they are not facts at all. I've researched my lineage enough to know that skin color has nothing to do with anything.

We all fight and bleed out the same color.

"I'll deaden you then."...a black civilian, replying to a 54th Mass soldier, lying wounded on the battlefield after invading his state and home.

Its not all cut & dried based on skin color...he wanted his boots ;-)

Mon, 01/27/2014 - 23:36 | Link to Comment artless
artless's picture

I have personally never had to "do" anything to "justify" my profits. Maybe that's why I'm basically poor?

I hate to disagree-no wait, I actaully love it- but here in Literalville where I live, absolutes are everywhere. Those who choose to see right and wrong through the prism of circumstance are the ones who have all that grey that so many speak about and do not see absolutes.

Here's a little demo of what I say. I have family member who was in Vietnam. Vietnem was a completely immoral situation. If one participated in it than that person is a murderer. Plain and simple. Absolute. Goes for my family member as well. Sorry when it comes to right and wrong...you always have a choice.

And the none of us are without sin? Jesus dude, lay off the sin and vice crap. This guy is fucking moron regardless of how he made his cash. I'll wager (oh, shit another sin! or is that a vice? I can't keep track) that this Perkins fellow has his fingers in some slimy shit. If not he's just a douchebag looking for approval by making sure everyone knows how much money he gives to charity. Real men don't advertise their good deeds.

Tue, 01/28/2014 - 00:10 | Link to Comment samsara
samsara's picture

Good Post.

Mon, 01/27/2014 - 21:39 | Link to Comment Cabreado
Cabreado's picture

The biggest problem here is a lack of social conscience, in that in spite of his wealth (power), he leaves it to others to sort it out.

He feels entitled to his state in life, while looking the other way when the "system" that enabled him along the way gets dicey...

and that is precisely how it gets dicey in the first place.

 

Mon, 01/27/2014 - 21:42 | Link to Comment denverdolomte
denverdolomte's picture

The 1% is threatend? Sweet. Here's my givin' a fuck avatar face. 

The creative aspect / side of the population? *Facepalm* Has anyone told this rah-tard that he is part of the collective that caused this? This is like listening to a pornstar argue over the confusion of how she got pregnant. 

Tue, 01/28/2014 - 02:47 | Link to Comment atomicwasted
atomicwasted's picture

"Part of the collective"?  What an absurd comment written by someone completely ignorant of how venture capital works and how innovation happens.  You project your collectivist thinking onto others.

Tue, 01/28/2014 - 03:17 | Link to Comment nightshiftsucks
nightshiftsucks's picture

You're the only thing absurd dickhead.

Tue, 01/28/2014 - 05:51 | Link to Comment Random
Random's picture

The 1% is just a smoke screen. The real power lies with the .001 (if that much) and the rest is just a buffer to take on the hatin' (when was the last time you saw the likes of Redshield et all drive 1 million euros lambo or whatnot? Leave that to the PR part of the 1% - look at me i am rich while the redshields piss themselves laughing at the measly 1 billion net worth of these wannabes).

Mon, 01/27/2014 - 21:44 | Link to Comment Al Huxley
Al Huxley's picture

What a giant cunt.

Mon, 01/27/2014 - 21:47 | Link to Comment Catullus
Catullus's picture

First, they came for the 1%. Then they divided the number again and went after the next 1%. Then the next 1%. "Down with the 1%!" they said.

Just think: if you can kill off all but 99 people on earth, no one will completely be part of the 1%. This is known as progressivism. And it is no way arbitrary I swear. It's totally not a reactionary movement. It's like totally real.

Mon, 01/27/2014 - 21:46 | Link to Comment buzzsaw99
buzzsaw99's picture

that fossil isn't even worth hating

Mon, 01/27/2014 - 21:47 | Link to Comment Bastiat
Bastiat's picture

Perkins needs a PR lesson from Jamie:  "I'm richer than you are so STFU."

Mon, 01/27/2014 - 21:48 | Link to Comment batz
batz's picture

 

Perkins is right. He's a financier, not a columnist or a talking head. Demonizing wealth is a parasitic attitude.

Mon, 01/27/2014 - 23:50 | Link to Comment artless
artless's picture

"Perkins is right. He's a financier, not a columnist or a talking head. Demonizing wealth is a parasitic attitude."

I agree but the problem has two sides. This guy is blind to the corruption and theft through which much of the "wealth: was obtained. And I'm not talking with some lame ass anti-capitalist mantra about exploitation or some other BS. I'm talking of the plain outright fraud and theft that defines institutions like Goldman or JPMorgan. 

What is missed by many is that all this is deliberate. By pitting the "workers" against to "wealthy" and simply demonizing wealth as being the problem, TPTB mobilize an army of useful idiots that will go along with an even more comtrolled society with even more cronyism all the while feeling quite secure in the knowledge that no matter what they propose all that "wealth" will never really be under threat.

I don't know but all this sure sounds familiar to me. Why do I think that I read something similar to this by some old German dude? Karl something. Or was it a Russian dude? Leon?

Mon, 01/27/2014 - 21:48 | Link to Comment butchtrucks
butchtrucks's picture

Perkins is exactly right.  Billionaires are a persecuted minority.  A POGROM is being waged against them.  Next thing you know Blankfein and Dimon will be forced to wear pink stars on their Armani jackets.  Someone needs to come to their defence.

I propose the establishment of a charity called 'The Billionaire Defence Fund'.  Every decent working person should contribute something.  Remember,  these are the job creators doing God's work.

Mon, 01/27/2014 - 21:51 | Link to Comment logicalman
logicalman's picture

Er, look around.

We are already forced to donate to the 'Billionaire Defence Fund'

It's called taxation.

 

Mon, 01/27/2014 - 22:19 | Link to Comment Blood Spattered...
Blood Spattered Banner's picture

Ain't that the fucking truth.

Mon, 01/27/2014 - 23:23 | Link to Comment Freddie
Freddie's picture

Charlie Munger and Warren Buffet will be forced to wear golden slippers and maybe robes where Munger said you can sew gold into the clothing.

Tue, 01/28/2014 - 00:03 | Link to Comment samsara
samsara's picture

"They have Stars on Thar's "

(Dr. Seuss)

That's what they think, 

(Until it isn't anymore... Then it won't be for them)

Mon, 01/27/2014 - 21:48 | Link to Comment nightshiftsucks
nightshiftsucks's picture

The creative 1%,WTF. Lets make lobbying illegal and do campaign finance reform and then lets see how creative these fucking criminals really are.

Mon, 01/27/2014 - 22:41 | Link to Comment KickIce
KickIce's picture

No shit, hey Ben old buddy old pal, mind hitting CNTL-P for a couple billion, business is a bit down since I sold the middle class/ customer base to China.  The only theing they have been creative with is derivitives, they crapped in their diaper now let them sit in it.

Tue, 01/28/2014 - 02:49 | Link to Comment atomicwasted
atomicwasted's picture

You realize that 'making lobbying illegal" means you can't write letters to your congressman, or go visit his office when he proposes a law that makes your business illegal or condemns your property?  Right?  No, clearly you don't get that as your mindless repetition of some shit you read somewhere about LOBBYING BAD is what passes for your stab at intelligent commentary.

Tue, 01/28/2014 - 03:14 | Link to Comment nightshiftsucks
nightshiftsucks's picture

Wow dickhead it's unimaginitive people like you why this country is so fucked up.Are you retarded ?

They should make it illegal for anyone to pay someone else money to try and influence an elected official.Go fuck yourself dickhead.

Tue, 01/28/2014 - 05:55 | Link to Comment Random
Random's picture

Hehehehe! The problem with your comment is that you believe in this fairy tale of "elected officials". They are appointed via the illusion of choice so you can feel invested somehow in the system (illusion of hope that you have just a bit of power). Breaking news: you are a slave and until you make enough money to extract yourself from their system you will continue to be a slave. Carry on serf!

Mon, 01/27/2014 - 21:51 | Link to Comment Jam Akin
Jam Akin's picture

Less Perkins, more Emily would be an upgrade.

Mon, 01/27/2014 - 21:57 | Link to Comment A. Buttle
A. Buttle's picture

Look at 'im, one wonders 'ow many bay'bees 'e's eatin', don'cha now? Let's get on wit' it already.

Mon, 01/27/2014 - 22:04 | Link to Comment q99x2
q99x2's picture

Arrest him. Don't let him die before his is prosecuted and thrown into prison.

Tue, 01/28/2014 - 01:35 | Link to Comment darteaus
darteaus's picture

Yeah!  Put him into a camp where he can concentrate!

http://www.youtube.com/watch?v=xPhmE0vXXJk

Mon, 01/27/2014 - 22:06 | Link to Comment Bangin7GramRocks
Bangin7GramRocks's picture

"the solution is less interference, lower taxes and let the rich do what the rich do - that is get richer... and they will bring everyone else along with them when the system is working."
Didn't Reagan do this exact thing. I remember Ben Stein calling it "anyone? Something D-O-O economics. Voodoo economics". Didn't work in the 80's, won't work now.

Tue, 01/28/2014 - 00:58 | Link to Comment darteaus
darteaus's picture

"Didn't work in the 80's..."

How do you measure that?

My comparison of 1979 vs. 1989 using the following: GDP, inflation, unemployment, savings rate, disposable income, labor force participation rate, international situation vis-a-vis Soviet Union;

1989, after 8 years of Reagan, looks much better.

Tue, 01/28/2014 - 12:00 | Link to Comment darteaus
darteaus's picture

BTW, it was GB senior that characterized Reagan's plan as "voodoo economics". He made the remark when they were both competing for the Republican 1980 nomination.

Mon, 01/27/2014 - 22:12 | Link to Comment CheapBastard
CheapBastard's picture

Did he bring up the Rape of Nanking by the Japanese, or the slaughter of over 9 million Ukrainians by Stalin, Pol Pot in Cambodia .... or any of the other mass killings through out the world while he is feeling victimized and sorry for himself?

Mon, 01/27/2014 - 23:25 | Link to Comment Freddie
Freddie's picture

Most people do not know that The Rape of Nanking was a pan Asian military conquest by Japan to steal gold, jewels, money and anything of value through out Asia and Pacific Islands.  They jsut killed and murdered hundreds of thousands to get the booty.  This is what armies do.

Tue, 01/28/2014 - 00:01 | Link to Comment samsara
samsara's picture

How about the 1959 Tibetan uprising?  How many there?

Mon, 01/27/2014 - 22:17 | Link to Comment Gyoza Mimi
Gyoza Mimi's picture

Trickle-down economics is the best kind of economics because it is simple. When 0.1%'s pockets are full and incapable of holding more, the wealth trickles down to 1%. When 1%'s pockets are full ... If only 0.1% had pockets of a fixed size and not those that have infinite capacity to grow to accomodate more wealth.

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